Logistics Viewpoints

MARCH 11, 2020

The current coronavirus outbreak is an example of an economic shock that elevates uncertainty and complicates forecasting. ARC European analysts Florian Güldner and David Humphrey conducted a thorough scenario analysis on the potential impact of the corona virus on automation markets and supply chains.

Forecasting 158

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Supply Chain Shaman

NOVEMBER 15, 2023

Supply management. Supply chain management. Supply chain planning. The essence of the question is resilience and the ability to forecast in a variable market reliably. This gets us to the question of what is the role of the forecast?` Are these terms the same? The answer is no. The trend is clear.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Stord

APRIL 24, 2024

Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supply chain and logistics operations. From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches.

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Logistics Viewpoints

JUNE 8, 2022

It is hard to believe it has been two years since I was faced with forecasting WMS and warehouse automation market growth rates in the midst of the COVID-19 pandemic. These events make accurate forecasting very difficult. I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do.

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Forecasting Modeling Supply and Demand Scenario Planning 218

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? The reason?

Supply Chain Design Software 303

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Talking Logistics

JULY 28, 2023

Tomorrow at this time, I will be three hours into a 100 mile bike ride with my Logistics Leaders for T1D Cure teammates and many others in support of JDRF and its vision of creating a world without type 1 diabetes. If the weather forecast is correct, it will be.

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GlobalTranz

DECEMBER 22, 2020

In the first half of the year, panic buying drove supply and demand imbalance across the supply chain and caused truckload capacity to tighten. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. Contract consistent freight volume.

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Logistics Viewpoints

MARCH 31, 2020

It is 2020; we now have reasonably accurate short-term weather forecasts. The post Weather-Influenced Demand Forecasting in 2020 appeared first on Logistics Viewpoints. Kudos to those writing about the way weather influences consumer demand. Kudos to those writing about the way weather influences consumer demand.

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ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What is Demand Forecasting?

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Logistics Viewpoints

JANUARY 18, 2024

Consequently, everyone asserts they are utilizing AI, and those in the supply chain world are no exception. How will it address “the world hunger problem” in supply chains, particularly in the context of supply chain planning? 3) AI in Forecasting One of the critical areas where AI shines is forecasting.

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ThroughPut

MARCH 25, 2024

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. These processes are foundational for strategic supply chain management but serve distinct functions. What is Demand Forecasting? What is Demand Planning?

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Logistics Viewpoints

JUNE 7, 2021

The implementation also involves leveraging weather data to improve forecasting. Gijs Majoor, vice president of supply chain and sustainable fuels, and Jacob Gladysz, the director of logistics explained the Pinnacle Propane business and their journey to improve their forecasting. Forecasting is harder there.

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The Smart Software

SEPTEMBER 5, 2023

Forecasting inventory requirements is a specialized variant of forecasting that focuses on the high end of the range of possible future demand. The post How to forecast inventory requirements appeared first on Smart Software. Traditional methods often rely on bell-shaped demand curves, but this isn't always accurate.

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Talking Logistics

MARCH 3, 2023

Then again, the weather forecasters were terribly wrong last week, when they predicted inches of snow and all we got was a dusting, Read more The post Above the Fold: Supply Chain Logistics News (March 3, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

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Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. So my questions are simple.

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Supply Chain Matters

DECEMBER 11, 2023

Today, the United Nations Conference on Trade and Development (UNCTAD) issued its latest forecast update on overall global trade, and the narrative is not encouraging or optimistic. Outlook for 2024 The current updated UNCTAD forecast provides a more pessimistic forecast for 2024. percent in 2023 and a forecasted 4.8

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Logistics Viewpoints

APRIL 10, 2023

Franklin Sports needed to protect sales in this category by improving their pickleball supply chain. To achieve that, Franklin Sports supply chain needed to be improved significantly. Without an efficient supply chain, a company can’t meet the demand that exists, and competitors swoop in and grab market share.

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ThroughPut

JUNE 12, 2023

“Uncertainties” and “unknowns” in the logistics industry are like the predatory villains in Gotham City. And in your case, this cape’s superpower is the demand-driven approach to logistics forecasting. But right before we get into that, let’s understand what’s got your hands tied as a logistics planner.

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Logistics Viewpoints

SEPTEMBER 8, 2023

Earlier this morning I was thinking about something different, yet interesting to discuss in the intro paragraph of this week in logistics news. And now on to this week’s logistics news. Garvis designed from the ground up an AI-first forecasting solution now called DemandAI+. So I will. Walmart has spent $3.5

Logistics Network Optimization Software 232

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GlobalTranz

JULY 8, 2020

As customers continue to shop online through the remainder of the year, the demand on reverse logistics—particularly the process of managing returns—will skyrocket. The global reverse logistics market is forecast to hit US$603.90 It’s the same story; customers want more and more. billion by 2025,read More.

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Reverse Logistics Trends Forecasting Logistics 254

ThroughPut

DECEMBER 5, 2023

Keeping up with demand and market trends challenges most supply chain operators. Accurately forecasting sales with fluctuating demand cycles is difficult to achieve, and yes, there’s a direct impact: the less accurate the sales forecast, the less precise the stocking levels. What is Demand Forecasting?

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AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. Network Design.

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Amware Logistics and Fulfillment

JULY 29, 2021

The challenge of getting better sales forecasts to improve logistics planning is a centuries-old problem. In today’s eCommerce-driven supply chains, that challenge is tougher than ever.

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The Logistics of Logistics

OCTOBER 9, 2023

Jason Murray and Joe Lynch discuss modernizing the ecommerce supply chain. Jason is Co-founder and CEO of Shipium , a technology-driven supply chain and logistics company that helps ecommerce companies deliver their orders fast, free, and on-time. The Greenscreens.ai

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Logility

JULY 5, 2023

From Lachelle Buchanan , “Revolutionizing Supply Chain Planning: Unleashing the Power of Generative AI” Supply chain planning has become a critical factor for organizations aiming to gain a competitive edge. Generative AI seems will likely transform the way organizations plan their supply chains.

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Logistics Viewpoints

JANUARY 11, 2023

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. So, I want to take this opportunity to reflect on the top 15 most popular logistics stories from 2022 and see what our readers found to be the most interesting. Top Five Transportation Trends ; Chris Cunnane.

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Logistics Viewpoints

APRIL 4, 2024

Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning. There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania.

Supply and Demand 229

Supply and Demand Modeling Demand Planning Scenario Planning 229

ThroughPut

JUNE 12, 2023

That’s how life has been for supply chain professionals ever since the pandemic. Forecasting has forever been at the heart of efficient supply chain operations – driving the much needed predictability to source raw materials, manufacture products and fulfill customer needs at the right time, right place and in the right quantity.

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Supply Chain Matters

JANUARY 18, 2024

Supply Chain Matters highlights the latest report indicating both U.S. NRF had previously forecasted that online sales would grow in a range of between 7 percent to 9 percent and thus the actual was in line with the forecast. trillion, in-line with NRF ’s adjusted forecast. Census Bureau data. All rights reserved.

Forecasting 52

Forecasting Procurement Analytics Report Retail 52

Supply Chain Shaman

MAY 15, 2020

Unlike the prior supply disruptions in my lifetime, there will not be a new normal. Instead, supply chain leaders face wave after wave of disruption until there is a vaccine. As a result, much of what we have learned as a supply chain best practice is no longer applicable. How does this affect supply chains?

Supply Chain Planning Software 494

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20Cube Logistics

NOVEMBER 19, 2020

Today when you think of logistics, you tend to connect it to speed and timeliness, that is to process and ship orders on time with efficiency and provide the right information to customers to make the right decision. What are the popular methods of supply chain forecasting? Advantages of supply chain forecasting.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Logistics Network Optimization Software 52

Logility

NOVEMBER 30, 2023

Supply Chain AI has sparked considerable excitement, shock, and fear over the past year. Considering where most companies are in their Supply Chain AI journey, the mix of excitement and apprehension is no surprise. Causal forecasting Built-on causal forecasting isolates actual demand signals from market “noise.”

Supply Chain Planning Software 177

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ShipBob

JULY 9, 2021

Supply chain planning is almost impossible without having an understanding of the future. And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? Download the Guide.

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. A Better Way to Forecast.

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Logistics Viewpoints

DECEMBER 6, 2023

And Logistics Viewpoints has a history of its own supply chain predictions for the year ahead. My colleagues and I will likely publish a detailed list of predictions related to supply chain operations and technology. Final Word Many of the supply-side constraints that occurred during the pandemic have subsided.

Predictive Analytics Software 267

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ModusLink Corporation

SEPTEMBER 25, 2017

Whether facing a major product launch or compiling standard monthly forecasts, the accuracy of demand forecasts is crucial. The post Untangling the Complexities of Demand Forecasting appeared first on ModusLink Global Solutions.

Forecasting 180

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The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Trends Transforming Logistics and Supply Chains In the MENA Region in 2023. by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai. Demand Sensing for Accurate Planning and Forecasting.

Supply Chain Software 130

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